K+S Aktiengesellschaft and International Salt Company LLC, In the Matter of

In the Matter of K+S Aktiengesellschaft, a corporation; and International Salt Company LLC, a limited liability company.

FTC Matter/File Number:

091 0086

Enforcement Type:

Part 2 Consents

Case Summary

The Federal Trade Commission announced a consent order that will maintain competition in the market for bulk de-icing road salt in Maine and Connecticut that otherwise would have been lost as a result of K+S Aktiengesellschaft’s (K+S) $1.68 billion proposed acquisition of Morton International, Inc. To protect state and local governments from higher prices, the order requires K+S’s U.S. subsidiary, International Salt Company LLC (ISCO), to sell its bulk de-icing salt assets in Maine to Eastern Salt Company, Inc., and to sell a similar set of assets in Connecticut to Granite State Minerals, Inc.